Announced
Completed
Financials
Sources
Tags
Private Equity
Acquisition
Single Bidder
Completed
Friendly
Online and Social Platforms
digital learning
Denmark
Domestic
Majority
Private
Synopsis
Egmont-backed Lindhardt & Ringhof, a large media conglomerate based in Denmark, completed the acquisition of Clio, a digital learning provider in the Nordics, from Bonnier, an investment firm. Financial terms were not disclosed. Clio's operations in Denmark will be integrated with Lindhardt & Ringhof's education company Alinea and in Sweden the operations will continue to develop under the Clio brand.
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